Barrington Firefighters Pension Fund
Recent News About Barrington Firefighters Pension Fund
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Analysis: Barrington Firefighters Pension Fund would go bankrupt in 14 years without taxpayer subsidy
Without members and taxpayers subsidizing its revenue, the Barrington Firefighters Pension Fund would have lost $1,340,551 in 2018, according to a North Cook News analysis of the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Barrington pays $8.95 for every $1 pensioners contribute to Barrington Firefighters Pension Fund
Taxpayers contributed 89.6 percent of the $1,733,107 the Barrington Firefighters Pension Fund brought in 2018, or $8.95 for every $1 from pension members.
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Report: 82.9% of Barrington Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 82.9 percent of the Barrington Firefighters Pension Fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Report: Barrington Firefighters Pension Fund gained $930,398 in investment income in 2016
After projecting its investments would grow by 6.75 percent, the Barrington Firefighters Pension Fund netted 5.64 percent on its investments in 2016, according to data reported to the Illinois Department of Insurance Pension Division.
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Report: Average pensioner in Barrington Firefighters Pension Fund earns $89,355 per year
The Barrington Firefighters Pension Fund had 19 active participants receiving an average salary of $89,355 in 2016, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: Barrington pays $1.99 for every $1 pensioners contribute to Barrington Firefighters Pension Fund
Taxpayers contributed 66.1 percent of the $493,716 the Barrington Firefighters Pension Fund brought in last year, or $1.99 for every $1 from pension members.
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Report: 89.7% of Barrington Firefighters Pension Fund is funded
With the amount it's obligated to pay pensioners outpacing the funds it has on hand, 89.7 percent of the Barrington Firefighters Pension Fund fund is funded, according to the latest data reported to the Illinois Department of Insurance Pension Division.
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Analysis: These 20 North Suburbs pension funds would go bankrupt fastest without subsidies
Pension funds in Buffalo Grove, Palatine and Winnetka could sustain themselves longest without subsidies from taxpayers and members, according to an analysis of data reported to the Illinois Department of Insurance.
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North Suburbs pension funds: Where do taxpayers contribute least?
Government pension funds in Glencoe, Prospect Heights and Barrington depended least on taxpayer contributions to make ends meet in 2016, according to the Illinois Department of Insurance.
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Rankings: 10 best funded pensions in North Suburbs
Barrington, Inverness and Bartlett have government pension funds with the highest funding levels in North Suburbs, according to the Illinois Department of Insurance.
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Rankings: 100 best funded pensions in Illinois
Barrington, Inverness and Bartlett have government pension funds with the highest funding levels in Illinois, according to the Illinois Department of Insurance.
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Analysis: North Cook County fire, police pension funds paid $195 million, lost $5 million on investments in 2016
North Cook County’s 61 police and fire pension funds paid out a total of $195,281,518 in benefits to 3,465 retirees and inactive recipients in 2016 while losing $5,495,345 on their investments, according to a North Cook News analysis of the funds' mandated financial filings with the Illinois Department of Insurance.